[Senator Clay Davis]

Mass shooting? Buy gun manufacturer stock. Just in case you were wondering why nothing will ever change.

Gunmakers’ shares jumped following the massacre at an Orlando, Florida, nightclub that left at least 50 people dead.

Sturm Ruger & Co. climbed 8.7 percent to $62.43 at 9:34 a.m. Monday in New York after gaining 8.9 percent, its most intraday since late February. Smith & Wesson Holding Corp. surged 10 percent $23.57 following a 12 percent advance, its biggest intraday increase since Jan. 5.

Shares of gun manufacturers typically increase after a mass shooting as investors speculate that tougher gun-control laws may be enacted, spurring sales before any new measures take effect. The National Instant Criminal Background Check System, which is used to vet consumer gun purchases and is a gauge of firearm demand, jumped more than 25 percent for the three months through January, Smith & Wesson said in March. That period included a terrorist shooting in San Bernardino, California, and coordinated attacks in Paris

https://www.yahoo.com/finance/news/s...115254421.html